This week saw a series of major developments across India’s business sectors, with updates from aviation, banking, pharmaceuticals, competition law, and trade. From easing air travel restrictions and reporting strong corporate earnings to regulatory shifts and international trade decisions, these events reflect the ongoing shifts in India’s economic and industrial environment.
India lifted the temporary ban on civilian flights at 32 airports located in the northern and northwestern parts of the country. The Airports Authority of India canceled the NOTAM (Notice to Airmen) that had been issued amid heightened tensions with Pakistan earlier in the week. More than 500 flights were affected by the suspension, which caused disruptions in passenger and cargo movement. The decision to resume flight operations came as tensions eased, and normal air travel is expected to resume shortly. This return to operations is also likely to benefit airline companies that had suffered revenue losses due to the cancellations.
In the automotive sector, Hero MotoCorp acquired a 34.10% stake in Euler Motors. Though the value of the deal remains undisclosed, the acquisition gives Hero greater access to the electric vehicle market. Euler Motors is known for its work in the commercial electric vehicle space. Hero’s move appears to be part of its effort to grow its electric portfolio, especially at a time when the country is pushing for cleaner and more sustainable transport alternatives. This step supports Hero’s long-term goals to expand its presence in the electric segment.
Canara Bank reported a 34% increase in its consolidated net profit for the fourth quarter. The boost in profits was mainly due to strong performance in retail and corporate lending. Improved asset quality and loan growth have helped the bank post better earnings. This is another example of recovery in the banking sector, as lenders continue to improve after years of stress on their balance sheets.
The Competition Commission of India announced a new set of rules to address concerns related to predatory pricing in e-commerce and quick commerce platforms. These rules are aimed at checking unfair pricing practices by larger players, especially those who hold dominant positions in their respective sectors. Smaller businesses have often raised concerns about deep discounting, and this move is aimed at promoting fairer market conditions.
Disney disclosed a $103 million loss in its Indian joint venture JioStar, attributing it to difficulties in integration and strong local competition. India’s media and entertainment sector continues to be challenging for international players, with local streaming platforms and broadcasters holding a strong foothold in the market. This has led Disney to reevaluate its approach in the region.
In international trade, India removed tariffs on certain U.S. imports as part of broader trade negotiations. Former U.S. President Donald Trump made the announcement, indicating a push for closer economic ties between the two nations. The removal of tariffs is expected to help Indian exporters gain better access to the U.S. market while giving American goods more room in India.
Lastly, India’s pharmaceutical market recorded a growth rate of 7.8% in April 2025. The increase was led by chronic disease treatments such as cardiac and gastrointestinal medicines. Price hikes and strong demand contributed to the performance, indicating continued strength in the sector despite wider economic challenges.
The week’s business updates show activity across various sectors. With easing geopolitical tensions, growth in traditional banking, expansion in electric vehicles, and continued demand in healthcare, India’s business outlook remains active. Investors, companies, and regulators are all adjusting their plans in response to changes both within the country and in global markets.
